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OnExchange wins futures approval

Published on .

Waltham, Mass.--OnExchange Inc., which provides platforms for b-to-b trading, said Jan. 1 it has been approved by the Commodity Futures Trading Commission as a fully regulated futures exchange. CFTC approval is required for certain types of futures and derivative trading, which many b-to-b marketplaces are hoping will help drive liquidity by spurring increased trading. By partnering with onExchange, e-marketplaces will now be able to offer one-stop access to regulated futures, as well as spot, forward and swaps trades, the company said.
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